yes I agree. AXE's strategy to design to commercial foundry processes, but also to use standard phone chips is to be price competitive.
and also to all serious long term holders i encourage you to keep an eye on the foundries. It's a very consolidated industry. Tier 1 are TSMC, Samsung and Intel comes in 3rd at the mo. These are the ones that can make chips at the rate at which phones are made. TSMC makes Apple's chips, Samsung make theirs for their phones. So what is AXE's plan here? Use GF for protoyping only? GF has aspirations of becoming a major foundry. IBM has been divesting and going fab-less, had a spat with GF https://www.nextplatform.com/2021/06/10/why-ibm-is-suing-globalfoundries-over-chip-roadmap-failures/ and have gone with Samsung as their foundry partner. This was last year, prior to the recent US CHIPS act. Now post act, the US is encouraging Samsung to have a foundry near GF. Economies of scale, supply and demand cyclicals of semiconductor industry and geopolitics will all play a part in AXE's commercial plans. But as we know, the tech is valuable and government and defence can also be potential customers.
DYO(detailed) Research.
cheers.
AXE Price at posting:
83.0¢ Sentiment: None Disclosure: Held
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